Claren Tower 1
A 1 bed in Claren Tower 1 costs a median AED 1.84M, rents long-let for AED 110,000/yr (5.79% gross), and returns 7.51% short-let at the assumed 80% occupancy — -0.3 pts vs Downtown Dubai's 6.14% and -1.2 pts vs Dubai's 6.97% — from 17 sales and 105 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 9 in 12 months
- Rental contracts · 1 bed
- 54 in 12 months
- Buy
- 1.84MAED
- AED 2,186/sqft
- Long-let
- 5.79%
- AED 110,000/yr
- Short-let
- 7.51%
- AED 622/night · 0.71/sqft
Price per sqft: Median of 9 registered sales of ready units in the last 12 months, most recent July 2026.
Priced off the last 5 sales — most recent July 2026.
- Yield spread
- -0.3 pts
- vs the Downtown Dubai median for this unit type
- Turnover upside
- +10.0%
- new tenants pay more than sitting ones — 91 renewals
- AED/yr/sqft
- AED 132
- Sales
- 17
- Rental contracts
- 105
- Renewal rent
- AED 100,000/yr
- 12 months
- +9.7%
- 3 years
- +22.7%+7.1%/yr
Based on 17 sales and 105 rental contracts in the last 24 months. Rental data covers the whole Claren 1 project, not this tower alone.
Claren Tower 1 is an apartment building in Downtown Dubai, Dubai, one of the towers in the Claren 1 development. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 276 registered sales in all — the 17 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Claren Tower 1, by year.
Chart data: Jan 2015, 1452 AED/sqft; latest, Jul 2026, 2202 AED/sqft; peak, Feb 2026, 2340 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Downtown Dubai median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Claren Tower 1
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
2 bed: first Oct 2026, 0.73 AED/night/sqft; latest Sep 2027, 0.67 AED/night/sqft; peak Jan 2027, 1.25 AED/night/sqft. 1 bed: first Oct 2026, 0.71 AED/night/sqft; latest Aug 2027, 0.5 AED/night/sqft; peak Jan 2027, 1.1 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Claren Tower 1 between 2009 and 2013 went for a median of AED 2,197/sqft (AED 1.95M). The same building resells today at AED 2,098/sqft (AED 1.73M) — an uplift of -11.7%.
Based on 129 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
20 resales in the last 12 months, against 18 a year on average over 2023–2025.
Sales
1 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Compare with nearby buildings
The most-traded buildings in Claren 1, on the same figures over the same window.
- Highest rental yields in Downtown Dubai · Claren Tower 1 places 29th of 55
Common questions
- What is the rental yield in Claren Tower 1?
- Claren Tower 1 returns 5.79% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 105 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Claren Tower 1 cost?
- The median registered sale price is AED 1.84M (2,101 AED/sqft), from 17 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Claren Tower 1 selling for right now?
- Registered sales of ready units in Claren Tower 1 over the last 12 months have a median of 2,186 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Claren Tower 1 risen or fallen?
- Median price per square foot moved +9.7% over the last 12 months against the 12 before it, on 17 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Claren Tower 1 compare with Downtown Dubai?
- Its 5.79% gross yield sits -0.3 pts against the Downtown Dubai median of 6.14%, computed at the same bedroom grain over the same 24-month window.
Claren Tower 1 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 17 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/downtown-dubai/claren-tower-1
Cite as: Dubai Wealth Index. “Claren Tower 1 sale prices and yield.” Downtown Dubai, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-dubai/claren-tower-1.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.